Cotton & Western Mining Inc. (CWRN)

[Sunnybank]

Being able to trade again should be a huge priority, despite the many legal and economic obstacles. Where do we stand with BaoSteel these days? Last I conversed with them, they were aware of the legal issues. Might they be waiting for resolution? $CWRN

Regardless of what some here might think, I know that Brad is still trying mightily to resurrect Panamerican/CWRN, but that isn't easy when you are faced with trying to deal with numerous inherited lawsuits, California judges and absurd Government intervention in both Mexico (Export licenses) and the US (SEC trading freezes) which were completely out of his control, and even if he beats that all back, it will all be for nothing unless the price of Iron Ore recovers to at least $100 CFR China. I've learned a lot about this business (mostly just reading) over the past few years and I kinda' agree that mining Guadalupe is probably a waste of time and money at a lower price. Dozens of small mines all over the world have closed and won't re-open until it reaches that level because they can't get any financing without that kind of price guarantee.